I hear a lot of talk about IRAs and other investment vehicles in which you save money on taxes. My question is: Can't I save just as much on cap gains through a brokerage if I buy and hold individual stocks? Won't I get the same benefits of these other investment vehicles? I mean I'm charged my max of 20% for long term gains, and that's not charged until I sell out...Is this right or am I missing something else?

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.

Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.